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TAIPEI (Reuters) – Taiwan’s central bank said on Tuesday it would continue moderate tightening of monetary policy to curb rising inflation expectations after unexpectedly raising its benchmark rate last week. The central bank hiked the benchmark discount rate TWINTR=ECI to 2% from 1.875%, where it has stood since last March. It cited inflationary pressures and …

Taiwan central bank to apply moderate tightening against inflation Read More »

By Jessie Pang HONG KONG (Reuters) – Hong Kong’s leader John Lee said on Tuesday it would become “common practice” not to grant people convicted of national security offences early release from prison under the city’s new national security law. Lee’s remarks at a weekly press conference came amid local media reports that activist Ma …

Hong Kong leader says early prison release unlikely for national security offenders Read More »

By Lucy Craymer WELLINGTON (Reuters) -The New Zealand and Australian governments on Tuesday joined Britain and other international partners in expressing concerns about malicious cyber activity by Chinese state-backed actors, with New Zealand adding that its parliamentarian entities in 2021 were a victim. “The use of cyber-enabled espionage operations to interfere with democratic institutions and …

New Zealand and Australia condemn cyber targeting by Chinese state sponsored actors Read More »

By James Pearson, Raphael Satter and Christopher Bing WASHINGTON (Reuters) -U.S. and British officials on Monday filed charges, imposed sanctions, and accused Beijing of a sweeping cyberespionage campaign that allegedly hit millions of people including lawmakers, academics and journalists, and companies including defense contractors. Authorities on both sides of the Atlantic nicknamed the hacking group …

US, UK accuse China of cyberespionage that hit millions of people Read More »

By Clare Jim HONG KONG (Reuters) -Auction house Christie’s hopes its new 50,000-sq-ft Asia headquarters that opens in Hong Kong in September will boost sales in 2024 amid increased interest across the region from a new generation of culturally astute millennials and younger. Francis Belin, Christie’s Asia-Pacific president, said he is “cautiously optimistic” about sales …

Christie’s to open new Hong Kong HQ, sees growing Asian Gen Z interest Read More »